By Malvika Gurung
Investing.com — Despite trading marginally lower on the Singapore-based Exchange SGX, an indicator of how the Indian market would perform the following day, Indian equity benchmark indices opened at marginally higher on Wednesday, following mixed global trends.
While Asian market benchmarks were performing tepidly, with trading 0.51% lower and the Asia Pacific MSCI Index outside Japan, trading 0.8% lower before the market opened on Wednesday, US benchmarks closed on record highs on Tuesday.
The Sensex opened 0.24% or 150 points higher at 61,499 on Wednesday, while opened 0.15% higher at 18,295.
Asian Paints (NS:), Divi’s Laboratories, Sun Pharma (NS:) and ICICI Bank (NS:) are among the top gainers on Nifty, while Axis Bank (NS:), Bajaj Finance (NS:), Tata Motors (NS:) and IndusInd Bank (NS:) among the top losers.
Sector-wise indices, showed the most positive change of 1.9% at 10:40 am, followed by and BSE Healthcare.
Gains recorded in FMCG, Pharmaceuticals, IT and public sector bank stocks were diluted by the losses recorded in some metal and private bank stocks.